Chinese AI startup DeepSeek is reportedly planning to raise up to 50 billion yuan in a fresh funding round at a valuation of about 500 billion yuan, ahead of a potential mainland stock market listing
Yes Bank reported a 34 per cent increase in June quarter net profit to ₹1,070 crore, driven by robust loan growth, higher net interest income and steady growth in deposits
Washington ended a five-year-old national emergency linked to Hong Kong, partially restoring the city's special legal status while leaving key sanctions under existing legislation unchanged
A Brooklyn federal prosecutor told the court he had no basis to question the Justice Department's decision to drop the fraud and bribery case against Adani, while stopping short of endorsing the move
Apple briefly overtakes Nvidia in intraday trade as investors broaden their focus beyond AI chipmakers, narrowing the gap in the race for the world's top valuation
Xi Jinping uses China's premier AI conference to promote open-source technology, strengthen ties with the Global South and position Beijing as an alternative to US-led AI governance
The Chinese startup said its 2.8 trillion-parameter open-weight model delivers performance approaching Anthropic's frontier systems while supporting a 1 million-token context window
The proposed index will provide India's first official monthly measure of output across the services sector, complementing existing manufacturing indicators
EU regulators have told Google to give OpenAI, other AI developers and search competitors greater access to its services under the Digital Markets Act, despite the company's objections
Oil prices edged higher, with Brent crude above $85 a barrel, as escalating US-Iran attacks raised concerns over disruptions to supplies through the Strait of Hormuz
Iran has asked Yemen's Houthis to prepare to close the Bab el-Mandeb Strait if the US attacks its power infrastructure, threatening another major global oil route
Customs has told Bombay HC that duty-free shops enjoy tax benefits but remain subject to domestic regulations, backing health ministry's challenge to nicotine pouch sales at Adani-operated airport
Brokerage upgrades Indian equities to 'Neutral' from 'Underweight' and raises its 2026-end Sensex target to 84,000, citing easing oil prices, stable rupee and improving foreign investor sentiment
China's cyberspace regulator has approved Apple Intelligence for use on iPhones, with AI capabilities set to be powered by Alibaba's Qwen and Baidu's models for users in the country
Named Inkling, the open-weight model allows developers to download, run and customise its underlying systems; the 975-bn-parameter model is the first general-purpose AI release from Thinking Machines
 "Reuters")
